Swiss Re asset management to buy 13.8% stake in Britam holdings

Swiss Re Asset Management, a company headquartered in Geneva, Switzerland, is seeking to purchase a 13.8 per cent stake in Britam Holdings.

The Swiss firm is seeking to buy the 13.8 per cent stake, or 348.5 million ordinary shares of Britam through one of Britam's key shareholders, Plum. The deal will require regulatory approvals from the Capital Markets Authority and the Insurance Regulatory Authority. The Swiss Re Group is a global provider of reinsurance, insurance and other forms of

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